$410,000

1416 Leann Rimes Rd Edinburg, TX 78542

Estimated payment $3,096/month

Total Views 998
-- Bed
-- Bath
3,552 Sq Ft
$115 Price per Sq Ft

Highlights

  • No HOA
  • Double Pane Windows
  • Laundry Room
  • Escandon Elementary School Rated A-
  • Walk-In Closet
  • Tile Flooring

About This Home

Great investment! Earn extra income by owning this 3552-SF brick four-plex in Edinburg. Two units have 3 beds/2 baths and two units have 2 beds/2 baths. All units have a welcoming living room, tasteful dining room, master suite with separate shower, tile floors throughout, updated kitchen with granite countertops, microwave, refrigerator, electric range, washer/dryer in each unit. There is a large carport in the back with enough spots for 2 spaces per unit. Each unit has its own electric meter and has a shared water meter. All units are currently rented out!

Listing Agent

Eugenia Morales

Equity Assets Realty Listed on: 07/01/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,340

Year Built

  • Built in 2015

Lot Details

  • 0.29 Acre Lot
  • Partially Fenced Property
  • Privacy Fence
  • Wood Fence

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stone

Interior Spaces

  • Walk-In Closet
  • 3,552 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Tile Flooring

Kitchen

  • Stove
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • 8 Carport Spaces
  • No Garage
  • Rear-Facing Garage

Schools

  • Escandon Elementary School
  • Lincoln Middle School
  • Edinburg North High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number S645601000009A00

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Stonny Brook Ph 2 Subdivision

Building Details

  • Insurance Expense $3,084
  • Maintenance Expense $1,800
  • Gross Income $41,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,340

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Directions: From Expressway 281 head east on Trenton. Turn left onto Veterans. Turn right onto Leann Rimes. The property will be on the right.
  • Year Built: 2015
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2852
  • Road Surface Type: Paved
  • Subdivision Name: Stonny Brook Ph 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Building Stories: 1
  • GMAR_Escrow: 5000
  • Special Features: None
  • Stories: 1

Interior Features

  • Roof: Shingle
  • Appliances: Electric Water Heater, Dishwasher, Dryer, Refrigerator, Stove/Range, Washer
  • Flooring: Tile
  • Living Area: 3552
  • Window Features: Energy Features (Double Pane Windows)

Exterior Features

  • Exterior Features: Other
  • Interior Amenities: Ceiling Fan(s), Dryer, Walk-In Closet(s), Washer
  • Fencing: Partial, Privacy, Wood
  • Lot Features: Curb & Gutters, Sidewalks
  • Home Warranty: No
  • Construction Type: Brick, Stone
  • Foundation Details: Slab
  • Other Structures: Outbuilding (None)
  • Pool YN: No

Garage/Parking

  • Carport Spaces: 8
  • Covered Parking Spaces: 8
  • Parking Features: No Garage, Garage Faces Rear
  • Total Parking Spaces: 8

Utilities

  • Utilities: Cable Available
  • Laundry Features: Laundry Room
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights
  • Association: No

Schools

  • Elementary School: Escandon
  • High School: Edinburg North H.S.
  • Junior High Dist: Edinburg ISD
  • Middle Or Junior School: Lincoln

Lot Info

  • Lot Size Sq Ft: 12425.0544
  • Parcel #: S645601000009A00

Building Info

  • Buildings: 2

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10340

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 4
  • Annual Gross Income: 41100
  • Insurance Expense: 3084

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,340 $430,626 $73,929 $356,697
2023 $10,425 $434,492 $73,929 $360,563
2022 $8,986 $345,072 $70,202 $274,870
2021 $8,408 $310,517 $70,202 $240,315
2020 $8,453 $310,676 $70,202 $240,474
2019 $7,359 $265,000 $65,232 $199,768
2018 $8,019 $288,032 $59,019 $229,013
2017 $6,706 $239,988 $61,951 $178,037
2016 $2,903 $103,891 $31,684 $72,207
2015 $842 $31,684 $31,684 $0
2014 $842 $30,131 $30,131 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 For Sale $410,000 +32.3% $115 / Sq Ft
05/31/2019 05/31/19 Sold -- -- --
05/03/2019 05/03/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $310,000 -- $87 / Sq Ft
Source: Greater McAllen Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- Vantage Land Title
Warranty Deed -- Edwards Abstract & Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,466,142 New Conventional
Closed $212,800 Purchase Money Mortgage
Source: Public Records

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Source: Greater McAllen Association of REALTORS®

MLS Number: 474905

Greater McAllen Association of REALTORS®

APN: S6456-01-000-009A-00